About USDP Stablecoin
Market Stats
Market Cap
No data
FDV
$106,474,210.26
Circulating Supply
No data
Max Supply
106,388,842 USDP
Total Supply
106,388,841 USDP
Hold Time
No data
Performance
Popularity
No data
Dominance
No data
Volume (24H)
$1,960,483.54
0.08%
All time high
$1.29
Additional info about USDP Stablecoin
Networks and details
The price of USDP Stablecoin has decreased by 0.00% in the last hour and increased by 0.04% in the past 24 hours. USDP Stablecoin’s price has also fallen by 0.02% in the past week. The current price is $1.00 per USDP with a 24-hour trading volume of $1.96M. Currently, USDP Stablecoin is valued at 22.15% below its all time high of $1.29. This all-time high was the highest price paid for USDP Stablecoin since its launch.
The current circulating supply of USDP Stablecoin is 0 USDP which means that USDP Stablecoin has as total market cap of $0.00.
Price history
Today | $1.00 | ↗ 0.04% |
1 Day | $1.00 | ↗ 0.04% |
1 Week | $1.00 | ↘ 0.02% |
1 Month | $1.00 | ↘ 0.01% |
1 Year | $1.00 | ↗ 0.11% |
Market details
Performance against other markets | ↘ 1.17% |
Performance against BTC | ↘ 16.67% |
Performance against ETH | ↗ 96.81% |
Performance in the past year | ↗ 0.11% |
FAQ
USDP Stablecoin (USDP) is a cryptocurrency token that operates on the Ethereum platform. It is a type of digital asset that aims to maintain a stable value relative to the US dollar, hence the term "stablecoin". USDP is part of the Unit Protocol, a system that allows users to use a wide range of tokens as collateral to borrow liquidity in the form of USDP. The value of USDP strives to be stable, with the last known price being approximately 1 USD. The supply of USDP is dynamic, with the current supply standing at over 106 million tokens.
USDP Stablecoin operates within the Unit Protocol, a permissionless lending and borrowing protocol with elastic interest rates. The protocol allows users to use their ERC-20 tokens and Non-Fungible Tokens (NFTs) as collateral to borrow liquidity. This means that users can leverage their existing crypto assets to mint USDP Stablecoin. The protocol is designed to be simple and aims to provide safety for users, offering a flexible way to obtain liquidity from a large variety of crypto assets. The use of the borrowed USDP is entirely up to the user, providing a wide range of opportunities to utilize their crypto assets.
USDP Stablecoin has a variety of potential use cases. It can be used as a medium of exchange, a unit of account, or a store of value, similar to traditional fiat currencies. However, it also has unique use cases in the crypto space. For instance, it can be used to borrow more tokens, stake in projects, or convert to other assets. Furthermore, it can be used in conjunction with NFTs to generate yield or as a tool for liquidity. The Unit Protocol also offers tools for fundraising, events and ticketing, and access NFTs, providing additional services and benefits to users.
USDP Stablecoin is a product of the Unit Protocol, a decentralized borrowing protocol that allows users to mint stablecoins using a variety of crypto assets as collateral. The protocol strives to provide solutions for users to obtain liquidity from a large variety of crypto assets. The history of USDP Stablecoin is closely tied to the development and evolution of the Unit Protocol. The protocol has grown to support over 160 different tokens as collateral for minting USDP, showing its ability to accommodate a variety of tokens in the rapidly evolving crypto space.
We update our USDP Stablecoin to USD currency in real-time. Get the live price of USDP Stablecoin on Coinbase.
The current market cap of USDP Stablecoin is $0.00. A high market cap implies that the asset is highly valued by the market.
The all-time high of USDP Stablecoin is $1.29. This all-time high is highest price paid for USDP Stablecoin since it was launched.
Over the last 24 hours, the trading volume of USDP Stablecoin is $1.96M.
Assets that have a similar market cap to USDP Stablecoin include Frax Finance - Frax Ether, Agoric, RYO Coin, and many others. To see a full list, see our comparable market cap assets.
The current circulating supply of USDP Stablecoin is 0.
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Terms apply. Sum of median estimated savings and rewards earned, per user in 2021 across multiple Coinbase programs (excluding sweepstakes). This amount includes fee waivers from Coinbase One (excluding the subscription cost), rewards from Coinbase Card, and staking rewards.
USDP Stablecoin news
Trending articles
Social stats
Popularity in posts
#1167
Contributors
134
Posts
607,635
% About USDP Stablecoin
0.027%
Hold times
0 days
X (Twitter)
47.2% bullish
Sentiment
4.5 ★
Information is provided for informational purposes only and is not investment advice. This is not a recommendation to buy or sell a particular digital asset or to employ a particular investment strategy. Coinbase makes no representation on the accuracy, suitability, or validity of any information provided or for a particular asset.
Highlights
134 unique individuals are talking about USDP Stablecoin and it is ranked #1,167 in most mentions and activity from collected posts. In the last 24 hours, across all social media platforms, USDP Stablecoin has an average sentiment score of 4.5 out of 5. Finally, USDP Stablecoin is becoming more newsworthy, with 0 news articles published about USDP Stablecoin. This is a 0% increase in news volume compared to yesterday.
On Twitter, people are mostly bullish about USDP Stablecoin. There were 47.2% of tweets with bullish sentiment compared to 13.66% of tweets with a bearish sentiment about USDP Stablecoin. 39.13% of tweets were neutral about USDP Stablecoin. These sentiments are based on 161 tweets.
On Reddit, USDP Stablecoin was mentioned in 2 Reddit posts and there were 6 comments about USDP Stablecoin. On average, there were more upvotes compared to downvotes on Reddit posts and more upvotes compared to downvotes on Reddit comments.
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Certain content has been prepared by third parties not affiliated with Coinbase Inc. or any of its affiliates and Coinbase is not responsible for such content. Coinbase is not liable for any errors or delays in content, or for any actions taken in reliance on any content. Information is provided for informational purposes only and is not investment advice. This is not a recommendation to buy or sell a particular digital asset or to employ a particular investment strategy. Coinbase makes no representation on the accuracy, suitability, or validity of any information provided or for a particular asset. Prices shown are for illustrative purposes only. Actual cryptocurrency prices and associated stats may vary. Data presented may reflect assets traded on Coinbase’s exchange and select other cryptocurrency exchanges.